Investors of $1.6b Abraaj fund claim they are owed at least $300m

Investors of $1.6b Abraaj fund claim they are owed at least $300m

Aerial view of Dubai, UAE. Photo: Alex Block/unsplash

Investors in a $1.6 billion-Abraaj Group fund said they are owed at least $300 million by the floundering Middle Eastern private equity firm, according to a letter seen by Bloomberg News. They also ask to remove the company as manager.

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